Shopify Payments and Checkout Flashcards
6 cards from real Shopify practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Shopify Payments and Checkout flashcards as text
What is 'Shopify Balance' designed for?
Answer: A business banking account for Shopify merchants to manage their store revenue
Shopify Balance is a financial account that lets merchants receive, manage, and spend their Shopify Payments revenue.
What is the purpose of Shopify's 'checkout extensibility'?
Answer: Allowing developers to add custom UI and logic to the checkout flow without forking it
Checkout extensibility lets developers customize checkout using Shopify's supported extension framework without modifying core checkout code.
What does 'test mode' in Shopify Payments allow you to do?
Answer: Simulate transactions without processing real payments
Test mode in Shopify Payments lets you simulate credit card transactions to verify checkout functionality before going live.
Which checkout field can be made optional, required, or hidden in Shopify's checkout settings?
Answer: Company name
Fields like the company name field can be toggled between optional, required, or hidden in checkout settings.
What is a 'chargeback' in the context of Shopify Payments?
Answer: A dispute initiated by the customer through their bank to reverse a charge
A chargeback occurs when a customer's bank forcibly reverses a transaction, often due to a dispute or fraud claim.
What information is required to set up Shopify Payments in the US?
Answer: Business details, bank account, EIN or SSN, and identity verification
US merchants must provide business information, a bank account for payouts, and identity verification to activate Shopify Payments.